SHFE Tin to Trade in Wide Range (2017-8-3)

Published: Aug 03, 2017 09:33 (GMT+8)

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LME tin will test support at USD 20,400/mt today.

SHANGHAI, Aug. 3 (SMM) –LME tin will test support at USD 20,400/mt today. SHFE 1709 tin found support at the 20-day moving average overnight as there were signs of short covering, and should move mainly at RMB 146,000-148,000/mt today.

In Shanghai spot tin market, stabilizing SHFE tin will support mainstream traded prices at RMB 146,000-147,500/mt today.

LME tin prices SHFE tin prices tin prices Sn price base metal price forecast

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